Amazon's Jeff Bezos is worth over $100 billion amid Black Friday frenzy
Nov 27, 2017, 00:41
Bezos's 78.9 million shares in Amazon are now worth Dollars 93.6 billion.
The founder of the world's largest e-commerce company made almost United States dollars 2.4 billion on Friday alone.
Bezos, the founder and largest shareholder of Amazon, reached the 12-digit milestone for the first time, according to Bloomberg, one of the two major services that track the real-time net worth of the world's richest people.
Mr Bezos started Amazon in his basement in Seattle 22 years ago, after he quit his job as a hedge fund manager in NY.
When the financial markets opened on July 27, 2017, the 53-year-old briefly surpassed Bill Gates on the Forbes list of billionaires to become the world's richest person, with an estimated net worth of just over $90 billion. As pointed by the report, online sales increased by 18.4 percentage in comparison to a year ago as reported by Adobe Analytics. It has been a great year for Bezos, who increased his net worth by $32.6 billion in 2017 (so far).
Black Friday sales this year have pushed his net worth up by $2.4 billion making him the newest billionaire with such money. That said, Gates has given a significant amount of his fortune away to charity and in acts of philanthropy. This rise added to the pocket of Amazon's CEO Jeff Bezos, to $100 billion, which is the highest achievement. "I'm thinking I want much of my philanthropic activity to be helping people in the here and now-short term-at the intersection of urgent need and lasting impact", he wrote in June, but any immediate charitable plans remain unclear.
In Karachi, groups of people gathered at three crucial venues blocking streets in protest against the police action in Islamabad. In Lahore, an unruly mob torched a vehicle and damaged others with stoning and staged sit-ins at four key areas in the city.
Centrica ( LON:CNA ) continued its losing streak after closing 15% down yesterday as shares fell a further 1.9%. The stock of Cineworld Group plc (LON:CINE) has "Buy" rating given on Tuesday, November 24 by Investec.
The team is starting to turn things around and now has a six-game winning streak that has improved them to 11-7 on the season. This season, the former Memphis Tigers standout suffered an ankle injury, which has kept him out of commission to this day.
Dish's 13.2 million customers are important to advertisers on CBS, which also counts on the satellite carrier's subscriber fees. Video distributors such as Dish have to pay a per-subscriber carriage fee for the right to broadcast networks such as CBS.
However, some gains were capped as investors booked profits in metals stocks and foreign investors pulled out money from stocks. Moves in Asian share markets were minor with Japanese markets closed for a holiday and the United States off for Thanksgiving.
On November 15, the third and final reading of the bill was approved by Russia's lower house of parliament, State Duma. Intelligence agencies have accused the Kremlin of financing and using Russian media organisations to influence voters.
He told BT Sport: "For me it was a penalty - I don't think for you guys it is, but for me it was a penalty". I knew very well this type of game would not be easy. "Despite this, our answer was nearly always positive".
Mehbooba's predecessor and opposition National Conference leader Omar Abdullah termed the incident as tragic and reprehensible. In May, Lt Umar Fayaz was killed in the same area after militants kidnapped him from a marriage party in Kulgam district.
"It's important to know how to spot scams and unscrupulous situations as you find the ideal gift for that special somebody". At the top of their shopping lists this year were hoverboards and game systems, Christmas presents for Wolters' grandkids.
Arsenal had hoped they could move early to head off competition from their rivals in the race for the midfielder. In January, Ozil is free to talk to clubs and sign a pre-contract agreement.
South Africa's credit ratings remains unchanged
Zuma is accused of enriching a new corrupt elite rather than helping the poverty-stricken black majority. Importantly: "it reduces the money available for housing, education, healthcare and social grants".
Facebook to expose Russian fake news pages
Petersburg to the spread of misinformation, aimed at splitting the American society before the presidential elections. As many as 126 million people could have been served posts on Facebook and 20 million on Instagram, the company says.
Destiny 2 - Black Friday PS4 Pro Bundle
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